This article first appeared on GuruFocus .
State Street Communication Services Select Sector SPDR ETF ( XLC ) reported $195.6 million in gross ETF activity on Wednesday, Nov. 4, all of it on the sell side. The fund, with $21.90 billion in assets, decreased 21 positions and increased none, for net sales of $195.6 million.
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What did XLC sell on Wednesday?
Its largest sells by dollar value were META ($44.1 million), GOOGL ($22.4 million) and GOOG ($18.0 million).
| Stock |
Shares changed |
Value |
Position |
|---|---|---|---|
| META PLATFORMS INC CLASS A ( META ) |
-70,044 |
-$44.1M |
21.55% of fund |
| ALPHABET INC CL A ( GOOGL ) |
-77,493 |
-$22.4M |
10.94% of fund |
| ALPHABET INC CL C ( GOOG ) |
-62,751 |
-$18.0M |
8.81% of fund |
| WALT DISNEY CO/THE ( DIS ) |
-97,968 |
-$11.7M |
5.69% of fund |
| COMCAST CORP CLASS A ( CMCSA ) |
-415,038 |
-$10.3M |
5.04% of fund |
Meta Platforms led the selling with 70,044 shares sold, a $44.1 million reduction that left the stock at 21.55% of assets. Alphabet's Class A shares fell by 77,493 shares ($22.4 million) and Class C by 62,751 shares ($18.0 million), while Walt Disney dropped 97,968 shares ($11.7 million) and Comcast 415,038 shares ($10.3 million). No new positions were opened and no holdings were fully exited.
How does XLC invest?
XLC is an equity sector communication services fund holding 22 stocks, with 74.8% of assets in its 10 largest holdings. All of its classified stocks sit in communication services, and its market-cap mix is 100.0% large cap. It charges an expense ratio of 0.08%, and its top holdings are Meta Platforms at 21.55%, Alphabet Class A at 10.94%, Alphabet Class C at 8.81%, Walt Disney at 5.69% and Comcast at 5.04%. The fund has a GF Score of 85, a P/E of 14.66, a P/B of 2.37, a dividend yield of 1.4% and a year-to-date return of -10.56%.
State Street Communication Services Select Sector SPDR ETF ( XLC ) at a glance
| Measure |
Value |
|---|---|
| Category |
Equity Sector Communication Services |
| Asset class |
Equity |
| Holdings |
22 |
| Top 10 holdings |
74.8% of assets |
| Largest sectors |
Communication Services 100.0% |
| Expense ratio |
0.08% |
| Market-cap mix |
Large 100.0%, mid 0.0%, small 0.0% |
| 85/100 |
|
| P/E |
14.66 |
| P/B |
2.37 |
| Dividend yield |
1.40% |
| Year-to-date return |
-10.56% |
| Top holdings |
META (21.55%), GOOGL (10.94%), GOOG (8.81%), DIS (5.69%), CMCSA (5.04%) |
Holdings, performance and fees for XLC are on its fund summary page ; the ETF Screener lines it up against its peers. For the stock behind its biggest sell, see META's GF Value page and guru trades .
What should investors watch next for XLC?
With every position trimmed and no buys, watch whether XLC keeps shrinking its holdings or rotates back into names like Meta and Alphabet at the next update.
Based on holdings changes reported by State Street Communication Services Select Sector SPDR ETF ( XLC ) for Nov. 4, 2026, US-listed stocks only.
What else did ETFs trade on Wednesday?
-
ETFs Are Net Sellers of Meta Platforms ( NASDAQ:META ) on Nov. 4
-
ETFs Are Net Sellers of Alphabet ( NASDAQ:GOOG ) on Wednesday
-
Alphabet ( NASDAQ:GOOGL ) Sees $35.0 Million in Net ETF Selling on Wednesday
-
SPDR Portfolio S&P 500 Growth (SPYG) Buys $29.8 Million More NVDA on Nov. 4
